UNITED STATES BANKRUPTCY COURT

 

 

 DISTRICT OF 

 DIVISION

 

NOTICE OF TRUSTEE’S FINAL REPORT AND

APPLICATIONS FOR COMPENSATION

AND DEADLINE TO OBJECT (NFR)

Pursuant to Fed. R. Bankr. P. 2002(a)(6) and 2002(f)(8), please take notice that Phillip D. Levey,

trustee of the above styled estate, has filed a Final Report and the trustee and the trustee’s professionals

have filed final fee applications, which are summarized in the attached Summary of Trustee's Final

Report and Applications for Compensation.

The complete Final Report and all applications for compensation are available for inspection at

the Office of the Clerk, at the following address:

Jeffrey P. Allsteadt

U.S. Bankruptcy Court Clerk

219 South Dearborn Street- 7th Floor

Chicago, IL 60604

Any person wishing to object to any fee application that has not already been approved or to the

Final Report, must file a written objection within 21 days from the mailing of this notice, serve a

copy of the objections upon the trustee, any party whose application is being challenged and the

United States Trustee. A hearing on the fee applications and any objection to the Final Report

will be held at 10:30 AM on 09/25/2018 in Courtroom 682,

United States Courthouse

219 South Dearborn Street

Chicago, IL 60604

If no objections are filed, upon entry of an order on the fee applications, the trustee may pay

dividends pursuant to FRBP 3009 without further order of the Court.

Phillip D. Levey

2722 North Racine Avenue

Chicago, IL 60614

In re: §

§

THE VIEW WILSHIRE LLC, § Case No. 16-26231

§

Debtor(s) §

Date Mailed: 08/25/2018 By: Phillip D. Levey

Chapter 7 Trustee

UST Form 101-7-NFR (5/1/2011) (Page: 1)

Case 16-26231 Doc 40 Filed 08/25/18 Entered 08/25/18 11:37:43 Desc Main

 Document Page 1 of 5
UNITED STATES BANKRUPTCY COURT

NORTHERN DISTRICT OF ILLINOIS

EASTERN DIVISION

SUMMARY OF TRUSTEE'S FINAL REPORT

AND APPLICATIONS FOR COMPENSATION

Claims of secured creditors will be paid as follows:

Applications for chapter 7 fees and administrative expenses have been filed as follows:

In re: §

§

THE VIEW WILSHIRE LLC, § Case No. 16-26231

§

Debtor(s) §

The Final Report shows receipts of $

and approved disbursements of $

leaving a balance on hand of1$

Claim No. Claimant Claim Asserted

Allowed

Amount of

Claim

Interim

Payment to

Date

Proposed

Payment

000004

JMCP Manager,

LLC

Miriam Stein

30 S Wacker Drive

26th Floor

Chicago, Il 60606 $ $ $ $

Total to be paid to secured creditors $

Remaining Balance $

Reason/Applicant Total Requested

Interim Payment

to Date

Proposed

Payment

Trustee Fees: Phillip D. Levey $ $ $

Trustee Expenses: Phillip D. Levey $ $ $

____________________

1

The balance of funds on hand in the estate may continue to earn interest until disbursed. The interest earned prior to disbursement

will be distributed pro rata to creditors within each priority category. The trustee may receive additional compensation not to exceed the

maximum compensation set forth under 11 U.S.C. §326(a) on account of the disbursement of the additional interest.

UST Form 101-7-NFR (5/1/2011) (Page: 2)

Case 16-26231 Doc 40 Filed 08/25/18 Entered 08/25/18 11:37:43 Desc Main

 Document Page 2 of 5
Applications for prior chapter fees and administrative expenses have been filed as follows:

NONE

In addition to the expenses of administration listed above as may be allowed by the Court,

priority claims totaling $ must be paid in advance of any dividend to general (unsecured) creditors.

Allowed priority claims are:

NONE

The actual distribution to wage claimants included above, if any, will be the proposed payment

less applicable withholding taxes (which will be remitted to the appropriate taxing authorities).

Timely claims of general (unsecured) creditors totaling $ have been allowed and will

be paid pro rata only after all allowed administrative and priority claims have been paid in full. The

timely allowed general (unsecured) dividend is anticipated to be percent, plus interest (if

applicable).

Timely allowed general (unsecured) claims are as follows:

Reason/Applicant Total Requested

Interim Payment

to Date

Proposed

Payment

Attorney for Trustee Fees: Phillip D. Levey $ $ $

Accountant for Trustee Fees: Lois West $ $ $

Other: International Sureties, Ltd. $ $ $

Total to be paid for chapter 7 administrative expenses $

Remaining Balance $

Claim No. Claimant

Allowed Amount

of Claim

Interim Payment to

Date Proposed Payment

000001

Franchise Tax Board

Bankruptcy Section MS

A340

Franchise Tax Board

P O Box 2952

Sacramento, CA 95812-

2952 $ $ $

UST Form 101-7-NFR (5/1/2011) (Page: 3)

Case 16-26231 Doc 40 Filed 08/25/18 Entered 08/25/18 11:37:43 Desc Main

 Document Page 3 of 5
Tardily filed claims of general (unsecured) creditors totaling $ have been allowed and will

be paid pro rata only after all allowed administrative, priority and timely filed general (unsecured) claims

have been paid in full. The tardily filed claim dividend is anticipated to be percent, plus interest (if

applicable).

Tardily filed general (unsecured) claims are as follows:

NONE

Subordinated unsecured claims for fines, penalties, forfeitures, or damages and claims ordered

subordinated by the Court totaling $ have been allowed and will be paid pro rata only after all

allowed administrative, priority and general (unsecured) claims have been paid in full. The dividend for

subordinated unsecured claims is anticipated to be percent, plus interest (if applicable).

Subordinated unsecured claims for fines, penalties, forfeitures or damages and claims ordered

subordinated by the Court are as follows:

NONE

Phillip D. Levey

Claim No. Claimant

Allowed Amount

of Claim

Interim Payment to

Date Proposed Payment

000002

Gould & Ratner LLP

222 N. LaSalle St.,

Ste. 800

Chicago, IL 60601 $ $ $

000003

Blue Stallion Inc.

23915 Ventura Blvd.

Calabasas, CA 91302 $ $ $

000005

JMCP, LLC

c/o David R. Herzog

77 West Washington

Street

Suite 1400

Chicago, IL 60602 $ $ $

Total to be paid to timely general unsecured creditors $

Remaining Balance $

Prepared By: /s/Phillip D. Levey

Chapter 7 Trustee

UST Form 101-7-NFR (5/1/2011) (Page: 4)

Case 16-26231 Doc 40 Filed 08/25/18 Entered 08/25/18 11:37:43 Desc Main

 Document Page 4 of 5
2722 North Racine Avenue

Chicago, IL 60614

STATEMENT: This Uniform Form is associated with an open bankruptcy case, therefore, Paperwork Reduction

Act exemption 5 C.F.R. § 1320.4(a)(2) applies.

UST Form 101-7-NFR (5/1/2011) (Page: 5)

Case 16-26231 Doc 40 Filed 08/25/18 Entered 08/25/18 11:37:43 Desc Main

 Document Page 5 of 5